South Africa

Solidarity Youth today took a strong stand against Pres. Ramaphosa’s youth empowerment project, YES, which blatantly excludes white youth based on their skin colour. According to Paul Maritz, coordinator of Solidarity Youth, this empowerment project is intended to address the enormous problem of youth unemployment – an issue of major …

Troubled audit firm KPMG South Africa said on Monday that it was disappointed to lose Nedbank as its client but it understood the decision was part of the industry wide move towards mandatory audit firm rotation. Nedbank announced on Monday it would appoint Ernst & Young as joint external auditors …

The South African Broadcasting Corporation (SABC) on Monday, sent a notification to staff informing them of the public broadcaster’s intention to proceed with Section 189 of the Labour Relations Act (LRA). The process was initially halted after a joint consensus-seeking meeting on October 12, with organised labour. “At this meeting …

A much-anticipated Rail Enforcement Unit was launched during a ceremony on Cape Town railway station on Monday morning, with the hope of securing the safety of passengers and critical infrastructure on the city’s beleaguered rail network. The establishment of the unit follows the memorandum of agreement between the city of …

FW de Klerk, the man who pulled the plug on apartheid as the last president of the minority government in the early 1990s, was admitted to Panorama Hospital in Cape Town on Friday with a condition known as pneumothorax, the FW de Klerk Foundation said on Saturday. Pneumothorax is an …

The City of Johannesburg saved more than R400 million in unaudited savings through austerity measures, executive mayor Herman Mashaba said on Friday. The city has consistently over the past three financial years made huge savings in non-essential areas such as self-promoting advertising, international travel, marketing and fees for consultants and …

A criminal corruption investigation will be conducted after Chinese electric bus company BYD paid for accommodation and meals and a high-speed train ride for City of Cape Town (CoCT) transport officials on a trip to China – a year before the company was awarded a tender for a pilot project …

Outgoing Cape Town Mayor Patricia de Lille today said the City of Cape Town has exceeded its housing delivery target by 62 percent in the last financial year and has budgeted more than R2 billion on new housing opportunities over the next three financial years. “Between 2012 and 2018, over …

EFF leader Julius Malema’s cousin has been implicated in irregular payments of almost R6m believed to emanate from the plundering of VBS Mutual Bank, the Mail & Guardian (M&G) reported on Friday. The payments were reportedly made from Sgameka Projects – a company owned by Brian Shivambu, the brother of EFF …

President Cyril Ramaphosa’s ambitious plan to kick-start the economy, fix state-owned companies, attract billions in investments, and restore policy certainty – all at the same time – has taken centre stage in the mini budget tabled by new Finance Minister Tito Mboweni. The state is hoping that these policies will …